FINRA Series6 問題集

質問 1：
After having been divorced for several years, Mrs. Blended has remarried a man with three children of his
own. She has set up a revocable trust in which she deposited funds that she inherited when her mother
died, so that the monies will go uncontested to her two biological children in the event of her own death.
These two adult children are the only beneficiaries of the trust. Mrs. Blended has no plans to touch any of
the money in the trust unless circumstances demand it in the future. The trust is invested in a mutual fund
that paid $500 in dividend income and distributed $3,000 in long-term capital gain income to the trust this
year. Which of the following statements is true regarding the tax treatment of these distributions?
A. Mrs. Blended must pay taxes on the $3,500 in distributions.
B. The distributions will not be taxed at this point; they will be taxed only when Mrs. Blended or her
beneficiaries make withdrawals from the trust.
C. The distributions will not be taxed at this point; they will be taxed as part of the estate upon Mrs.
Blended's death.
D. Assuming her two adult children are equal beneficiaries, each one is responsible for paying tax on 50%
of the income to the trust, or $1,750.
正解：A
解説: (Topexam メンバーにのみ表示されます)

質問 2：
Which of the following would not have to register as an investment adviser or an investment adviser
representative under the Investment Advisers Act of 1940?
I. an insurance agent who sells only whole life and term life policies
II. a commodity futures broker
III. a bank employee who sells the bank's customers only CDs and other bank securities that are
FDIC-insured
IV. a person that is registered as a broker-dealer with the SEC that also provides investment advice to its
customers for additional compensation
A. I, II, and III only
B. I and III only
C. I, II, III, and IV
D. II and III only
正解：A
解説: (Topexam メンバーにのみ表示されます)

質問 3：
Which of the following would not be a characteristic associated with stocks in which a growth fund might
invest?
A. high price-earnings (P/E) ratio
B. high earnings growth
C. high cash dividends
D. beta > 1.0
正解：C
解説: (Topexam メンバーにのみ表示されます)

質問 4：
Which of the following does not fall under the category of "sales literature," as defined by FINRA?
A. PowerPoint slides that have been prepared to use in a seminar
B. a research report mailed only to a fund's existing clients
C. Reprints of an article that appeared in a financial publication about a specific mutual fund
D. an announcement containing some biological information on a registered representative who has just
joined the firm
正解：D
解説: (Topexam メンバーにのみ表示されます)

質問 5：
When the U.S. dollar appreciates relative to other world currencies,
I. the prices of all domestic stocks and bonds can be expected to increase.
II. the prices of securities offered by manufacturers that import a lot of their parts can be expected to
increase.
III. an increase in the purchase of U.S. securities by foreign investors can be expected.
A. I and II only
B. II only
C. I, II, and III
D. III only
正解：B
解説: (Topexam メンバーにのみ表示されます)

質問 6：
All government bonds and the majority of corporate bonds are traded:
A. on regional exchanges.
B. on the floor of the NYSE.
C. via electronic communication networks (ECNs).
D. in the over-the-counter market.
正解：D
解説: (Topexam メンバーにのみ表示されます)

質問 7：
Which of the following statements about non-qualified employer-sponsored retirement plans is false?
A. An employer does not have to offer the plan to all employees over 21 years old.
B. The plan does not have to abide by ERISA's vesting requirements.
C. The plan may be either funded or unfunded.
D. The earnings on the plan's contributions remain untaxed until they are withdrawn.
正解：D
解説: (Topexam メンバーにのみ表示されます)

質問 8：
Which of the following payout options would provide an annuity owner with the biggest monthly check?
A. life with period certain
B. joint and last survivor
C. unit refund life
D. straight life
正解：D
解説: (Topexam メンバーにのみ表示されます)